CAclubindia News

New functionalities deployed on GST Portal for taxpayers - August 2022

12 September 2022 at 15:38

New Functionalities made available for Taxpayers on GST Portal (August, 2022)

Posted in GST | 6288 Views

CGST Bhiwandi Commissionerate arrests Rs. 132 crore Fake Invoice racket mastermind

12 September 2022 at 08:36

Officers of CGST Bhiwandi Commissionerate in Mumbai Zone have busted a fake invoice racket involving issuance of invoices amounting to Rs 132 crore and availing/passing on Input Tax credit of Rs 23 crore.

Posted in GST | 5847 Views

Withdrawal functionality of 15CB forms enabled at e-filing portal

11 September 2022 at 09:32

Withdrawal facility has now been enabled on the e-filing portal, facilitating the CAs to withdraw the 15CB forms by recording appropriate reasons, therein.

Posted in Income Tax | 5484 Views

Direct tax collection surges over 35% till 8th September 2022

10 September 2022 at 08:39

Direct Tax collections up to 8th September, 2022 show that gross collections are at Rs. 6.48 lakh crore, which is 35.46% higher than the gross collections for the corresponding period of last year.

Posted in Income Tax | 3108 Views

DRI detects 72 hidden packets weighing 39.5 kg of suspected narcotic substance

10 September 2022 at 08:39

DRI detects 72 hidden packets weighing 39.5 kg of suspected narcotic substance Heroin in Operation "Gear Box"The Directorate of Revenue Intelligence (DRI) along with ATS, Gujarat, detect 72 hidden packets weighing 39.5 kg of powder in bags,

Posted in Custom | 2685 Views

FM Nirmala Sitharaman chairs meeting on illegal loan apps

10 September 2022 at 08:39

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired a meeting yesterday to discuss the various issues related to "Illegal Loan Apps" outside the regular banking channels.

Posted in Community & General | 1719 Views

IT Department conducts searches on prominent business groups in Maharashtra

10 September 2022 at 08:39

The Income Tax Department carried out a search & seizure action on 25.08.2022 on two groups engaged in the business of sand mining, sugar manufacturing, road construction, healthcare, running of medical college etc.

Posted in Income Tax | 1758 Views

ICAI releases schedule for CA Foundation Dec 2022 Exams

09 September 2022 at 20:36

In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to announce that the next CA Foundation Examination will be held on the dates and places

Posted in Students | 5760 Views

E-way bill generation at all time high as festive season arrives

09 September 2022 at 17:46

E-way bills, or electronic way bills, reflected a growth of 19 percent this year after their generation reached an all-time high of 78.21 million in August.

Posted in GST | 2 comments | 3822 Views

CGST officers busts Rs. 142 Crore fake GST invoice racket

09 September 2022 at 08:42

Officers of CGST Mumbai South Commissionerate have busted a fake GST invoice racket, which was used to pass on fake GST Input Tax Credit (ITC) of Rs. 27.80 crore on invoices of Rs 142 Crore

Posted in GST | 4908 Views